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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Pitsea Street is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 642 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Pitsea Street is £313,221 and the estimated rental value is £1,913 per month.
Pitsea Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
3, Pitsea Street has 51 entries in the Land Registry , most recently in October 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Pitsea Street is in very good condition we estimate a sale value of £328,882 and a rental value of £2,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,296 and a rental value of £1,779 per month.
Over the last 12 months the sale value of 3 Pitsea Street has decreased by an estimated £8,735 (2.8%) and its rental value has increased by an estimated £103 per month (5.4%), giving an expected gross yield of 7.3%.
According to HM Land Registry, 3, Pitsea Street was last sold on 4th October 2012 for £205,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since October 2012, the market for similar properties has risen 40.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Pitsea Street within a radius of 280 metres over the last 2 years.
The most recent example is 36, Lipton Road, London, E1 0LJ, a leasehold flat which sold for £305,000 on the 12th April 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pitsea Street, London, E1 has a total of 47 addresses. According to our analysis of all the public data, 3, Pitsea Street is the 24th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in E1.
The closest station to 3, Pitsea Street is Limehouse station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Pitsea Street, 53.7% of property is socially rented and 29.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Pitsea Street, 28.2% of residents are recorded as possessing school level qualifications and 34.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Pitsea Street, the average age was 32.1 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Pitsea Street, 0.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Pitsea Street, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
